Concord Securities initiated a "Buy" rating for Nanya Technology, projecting its 2028 earnings per share to reach 203.6 yuan, driven by AI-induced DRAM demand. Apacer Technology reported a 641.1% year-over-year revenue increase in the second quarter, attributed to AI server demand.
AI demand is driving a structural reversal in DRAM supply-demand, leading to significant revenue growth for memory suppliers like Apacer and Nanya Technology.